Evening Star Newspaper, September 20, 1930, Page 14

A—14 = FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, SATURDAY, SEPTEMBER 20, 1930. FINANCIAL. FLEMING T0 GPEN TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | SIOCKS IRREGULAR GUNVENI IUN HERE T i e e e |G e ik tn - e s, taw. ChieeOint | Bk Taw. ® - Divsiead i At Hioh, Tav, ' Clooe Choee | Gane L DOVl Rete, AENST s Tawi Ode. Chne: IN I_[]WER IREND A 6 16 i 27 ott (L 8) (12 2 844 34 3414 82| 63% 864 USRubberistpf... 4 36% 36 36% 364 which shows those stocks to be #old in odd lots only. os 1% NN Dapt Bwirss ¢ ink 1Tk 18 e A R e 10 10 10 10%| 361 17 USSmelt& Ref (1). 4 2114 214 21% 21% e Stockand = Bales— il Bl el LB 8% 8% 8% 36 SterlSeccvpf (3)... 39% 39 39 30 | 198% 151% U S Steel (7). 274 164% 162 163% 1634 : : i i e I ST, Lo O S e iy - e s e CorR (D) 5 $ & 19% Stewart-Warner (3). 25 20% 24% 25 | 68 594 USTobacco (4.0 & 65 e 65 62 |Market Still Influenced by Riggs President Will Welcome ol SR s ol R W TR DD LS B T R 9 96 96 70t Stone & Webster (4). T6% 5% | 45% 30 UtilPow&LtA'(s?) 14 36 354 36 35% | ol et SIS e 1| 4414 264 Holland Fur (s12%)- % BN 34 204 Studebaker Corp (3). Ao T Y BT T oo 300 As otk S aa | - Commuodity Situation and Delegates to Personal 156% 1034 Air Reduction (f415) 58 1187 116% s 11815 | 1167 521 Houston Ofl (b10%). 13 0% 7% 714 il S o 143% 49% Vanadium St1 (14)... 203 8315 81 82% 824 36 16 AlrWay ElAp (1%) 6 160 16w | 41% 254 Howe Sound (1435). . 29 2%% 29 84 Sweets of Amer (1).. 1% 156 Vulcan Det (4)...... 10s 77 17 11 11w il 3 Fi Meeti 2 1 Ajax Rubbe 3 1 1 | 2% 25% Hudson Motors (3).. 0% 20% 204 WO RIS ) 31% Waldorf Systm (1%) 2 26% 26% 26| Conditions in Germany. inance Meeting. B T el 5 8% 5% 5% b%| 26% 121 Hupp Motor Car (2). % % 12 8% Texas P C&OIl 8% Ward Baking (A)... 30s 33 33 304 151 64 Albany Wrap Paper. 91 95 9% 10% | 136% 109 Illinols Central (1).. s sk 1 50t Texas Corp (3)... 51 5 rdBaking (B)... 2 9 8% 9 e 364 18 Allegheny Corp. ..., 204 20% | 32 19% Independ O & G (2).. 23% 24 24 4814 Tex Gulf Sulph (4).. 58% 5 Warner Bros Pict.... 340 28% 27% 28% BY EDWARD C. STONE 72 49 AllemSteel (12.30) 50 50 49%| 17 41 Indian Motor Cyel 3 4% 4% 13% Texas Pac Land Tr. . Warner Quinlan. TEOAE 1 11 s i-| 343 232 AllledCh& Dv (n6). 3 26 5 263 | 28% 8% Indian Refining..... 12% % 17% Thatcher Mfg (1.60). | A group of Washingtonians, promi- | % %2 Ajhed Ch& Dy (né). -+ 51%| 239 154% Ingersoll Rand (15). 95 1953 19 24% The Fair (2.40) nent in banking, social welfare and re- | 108 3% Am Agricul Chem. ., 37 1 98 68 Inland Steel (4) ki 11 Thermold Co. .. ligious circles, will extend a welcome| 41% 23 AmAgriculChpf... 5 36 36 86 30% 12% Inspiration Cop 3 13% 13 4 35% Thompson (J R) (3). in behalf of local institutions to the | ,21% &% Am Brown Bov Elec. : 10% Insurance Sh (45¢) 3 ) 1116 9 " Thompson Starrett. . n al institutions 1561 10814 Am Can (4) . 858 12415 5 2 b 914 Ins ctfs (Md) (80c) 10% Tide Water As (60c) delegates to the sixteenth annual con-| 8212 42 = Am Car & W ; 301, Interboro Rap Tran. 9 7 i 3 55% Timken Roller (3)... vention of the American Association of | 116 94 Am Car & 54 594 94T Int Agricultural. .. . 19 Transamerica (1). Personal Finance Companies, to be held | 69% 39 Am Chain (3) 5 5 55 6% | 18 Intl Bus Mach (n6) . ; 30% Trico Prod (214) at the United States Chamber of Com-| 514 36% Am Chicle (13)...... 5 Int] Combustion 9% Tri-Cont Corp....... merce September 2§ to 26 3 9% Am Com Alcohol.... 3 1 5 Int Comb Eng pf.... 3 Twin City RTr (§4). Robert V. Fleming, president of the| 59% 381 Am European Secur. : 5 : Int Combust pf ctfs. Und-Ell-Fischer (5). Riggs National Bank, one of the young- 564 Am & For Power. . : 2 Intl Harvester (213). 29 T Union Carbide (2.60) est chief executives of a major financial 9214 Am & For Pow 24 pf. 3 984 8 5 Int Harvester pf (7). Union Ofl of Cal (12) organization in the country, will deliver | 69% 55 Am Home Pr (4 20).. 501 Intl Hydro Bl A (e2) Unton Pacific (10), .. the rincipal address of welcome, % Am Internat] (2) . 8 3 Intl Nick of Can (1). Union Pacifie pf (4). Chester Leasure, manager of the de- 5 3 Am Locomotive (4). 5 391 Intl Paper pf (7) .. " 9 Utd Afreraft. partment of referenda and resolutions i 90 Am Locomotpf (1).. 3 90 ¢ s : Intl Pap & P (A) 2.40 5% 56 Utd Alrcraft pi of the United States Chamber of Com- | ki Am Mch & Fdy Con. 1 4 8 Intl Pap & Pow (C).. a 4 4 Utd Carbon (2) merce, will act similarly in behalf of | & Am Metal Co (1) 3 28 Y i Intl Pap & P pf (7) . 654 65 6 4 Utd Cigar Stores. the latter organization | 98 Am Nat Gas pf (7).. 20 5 5 2 Intl Printing Ink (3) 3 28 3 2 Utd Corp (50¢). . ‘The invocation at the opening of the 9 Am Pow & Lt «¢21)... 8 T 7! . - Intl falt KBYociioe.s 3 % 3 4 Utd Corp pt (3) convention will be delivered by Rev. Am Lt pf (6). 5 6 39% Tntl Tel & Tel (2)... % Utd Dyewood Dr. John O'Grady. etary of the Na-| 3 3% Am San (133) 5 25 4 ;nv»r:we;-r‘: “(2().’. 5 : :':g 2 4-‘nk~)uou tional Conference of Catholic Charities 45' Am Roll Mill (n2)... 19 46% 45% i 3% Investors Equity (2) 3 Jta Fruit (4 cash Dayments based on' the latest suarterty or Bia 1", he jannua i sociology. = Rev. Dr. John C. Palmer, 4674 Am Shipbuildin 108 47 Johns-Manville ( 5 Utd Stores (A). Ot 10% | . STl of trading less than 100 (hey ane mes o | LT 10 Sreiopricesi 4 HL, 1E wapttor astor of the Washington Heights'| 79' 53 Am Sm & Ref (4) 10 65 5 64% 4 Johns-Manv pf (7). . % 12 2 US & For Secur..... 3 1 " 16% | 2'paid this yea able in stock. d Payable | to an advance in the stock market was resbyterian Church, will give the in- 8% 101 Am Sm & Ref pf (6). 1 108 L 2 Jones&Laugh pf (7). \{Slna Alcohol (17) % 684 | when earned. . k. tPlus 10 per cent in vocation at the banquet to be held s 38 Am Snuff t(33). 1 a1y Jordan Motor Car, 4 18% USPipe & F (2).. ., 33 3 3 t in stock. hPlus 2 per cent In stock. | N8 depressed price level of wheat. ; x 3 i Plus 8 per cent in stock. k Pi $ In the first hour at the Mayflower Hotel Thursday eve- 103% Am rRefpf(7). 1 105 Rind Ity Sos (8 USP&F 1st (1.20). 9 9§ < S0 | LR S Re cant T Son Tuss Ber cent in stock. m Plus i M ur _today prices ning. % 9% Am Suma'ra Tob Kelly-Sprin o b 1g |Berjcent in stock .nFlus § ver cent in stock o Plus 50e cents in | hardened but the gains were not large The aim of the association is to bring 2001 Am Tel & Tel (9).... 2095 Kelsey Ha $ Dreferred stock ject to approval of stockholders enough to indicate any important short about uniform small loan laws in all 117 Am Tobacco (new).. = 8 17 eI vIBRtORCORH the States, so that small loans may be | 130% 117 Am Tobacco B new 119% Kennecott Copper(s) covering. Stocks best supported in- tion of the downward trend of linseed | ¢luded General Motors and American obtainable at reasonable rates, The or- 7:‘; Am Water Wks (n1), 5 @ a3 Kolster Radio....... ganization is fighting against loan Tt Am Woolen Kresge (S5) Co 1.60. = » oll and lower prices for China wood. | Telephone, but United States Steel and Commodit = i s | Westinghouse Electric dipped to new sharks, and Is backed up by the Russell 615 Am Zine Lead & Sm. ) ; Imprtant Price Changes. |1ows on the reaction. The list dri - < 3 . . | s 3 st_dragged 0 s E 35 Kreug & Toll (1.60). 29 2 F F P “hanges vion st | Sage Foundation. The loans handled by 44% Anaconda Cop (315). 7 4 : ek 9 28 AVOR 0 UBLIC Changes in Week vear. Foulous Fizsl |sloug for some time and when the Krog Gr & Bak (n1). | week. week | operators for the decline s = s Copper 2 | Industrial . e e sensed that Tan et baniks oacs T .- A ot Bt i B 3 78 28 Tehizh Port Cmt (1) . | g’f‘;fé;,{'aifll i3 34| there was no effective suppori they " X 4% Armour of I1l (A). 5 % E % Lehman Corp (3).... " 3 Increased Use of Cars Proved by| BY H. N. McGILL, s ad "o 4 5 | commenced offering stocks down again. C. & O. August Earnings Off. 5 Arnold Constable. ... 8% Lib Owens Fg' ;3 Y| Raitor of MeGI Commodity Service, Non-ferrous metais. i | ‘-“: the 11-!31 1051t ground, g . ” o 78 4 Lig & Myers B ( : ‘oxtiles, fine . 1 mong the issues to . make better ofi;fi;“r‘fi;‘:’due;ogf ;““;ughe;:g:nfizfi_ n ::;g;zffi{_fl;;:: L febele s o 52% Tdquid Carbonta (4) . Greater Consumption 11#3%?”3‘3“1:@%;“&5?%%'73";2 Vegetable oils | flfi.’,‘ the Evmgemre;m:n;e was Con- < 2 3 3214 3 E 95 4% Loew'sInc (3).... . A - jat as, whic) ad also stood flxsg'x‘xi:'n?l&ic;f:ns;: g;e::tlaggii;e:;: 1:‘1’“ 2::’.’:@'{3’-5.’3;}}n. u“: 1n§v; Loew's Inc pf (614). of Gasoline. successfully held the advance of the | | out Friday, losing only fractionally were $7,164,538, a decrease of $1,415,373 25% Atlas Stores (n1) 5 29% 29 g Loew's pf xw (§%). past three weeks. During the week AUGUST SALES LOWER. when other stocks were showing large : 3 LoftInc. i Just closed there was no change in the B s, s sty :‘etc::{::;:do;‘r‘:lir?;gxigr:: 11:5:4);;?.' ?; :::;‘:;" fi:;."m‘r],:). 1?\.: 11{2'“ 4 23 L 50% Tioose-Wiies (2 20). “More people are riding more miles | average. More groups declined than EIGHT MONTHS HIGHER of New Jersty | was under moderate pressure for a time ? i advanced, but in most cases price weak- | A ettt 785 78 oV . 7 to Strap § 3 3 T3 731 Lorillard (P) Co %| in automobiles than ever before. " « Special Dispatch to The Star. and yielded fractionally. The high o L et the et D A o LB b A TR R o5 | 150, 28y2 Col. Leonard P. Ayres of the e art m:'ufwohfc'x"egmfxfi: NEW YORK, September 20.—Accord- g;‘:,fgd’g‘f;‘{_"}“g‘;fimfi‘fi,‘"gfi AR, 3 e = x 4 33 ouG&E 9 3 Trust Co., em 1 groupe .. | i g] uf en ;itrg;€7’;'2r7‘;?7e Tog:?r::u(‘:\‘x&u.;ta._’}fl‘!& 3 '1‘9:. Baldwin Loco 4114714 (.))1 ':II‘ i 4 3 3 s Louls & Nash (7). . 9 9% | statistician and financial authority. "{“"”-T'T“’{"Ef “n su:::f::élnhl‘ \;!:xx:- ing to an analytical statement by Mer- | cancelled the gain. over August of last year. The operating | 1sow ger Bl anaics ot () .1405 110 3 20% Ludlum Steel. . . 3 4| As proof of this, he points to the The principal decline occurred in vege- | rill, Lynch & Co., of 50 chain store com- | A 5-point drop in Western Union ratio is 58.7 per cent, compared With | ‘a1" pers bl kLA 2 1% 91 Melntyre Pore M (1) fact that in each mouth so far this year | B0, 015 A10 e e erials reached | Panies which reported their sales for | C0uld have been explained. by the July 2 Ko . ; 4 McKesson & Ro s - 2 s S or Do utht et Snded Angaet) 10T B T b T o : g5 Mack Trucke (8)...» 5314 month of 1829 and of previous years. | Modity indices, & were lower, 5 un- | elght months of this year were §2,577,- | vear ago: but in the main stockr rail 31, 1930, the Chesapeake & Ohio Rail-| 86w 311 Best& Co (2) . . 3. 48x : | 159% 109 Macy RH & Co (n13) h “Of course.” he says, “the greater part | changed and 2 bigher. | L 1353306, as compared with $2,521,873- |little " aftention o mews' sfecrg Co. shows gross revenues of $91,- [ 1704 75 Rethlerem Steel (8). 69 ¥ 8615 36 4 Manhat Elev gtd (7).100s 59 50 % this {:mu:; f:;em%“cons:%ed'fi: index is around 15 per cent below |933 in the corresponding months of | ReCific lssues 401010, a decrease of $7.090.745.| 4115 31 Blaw-Knox (1%).... 2 321 3214 : T Eige G AT S A Tt s £ the fgutes 1o that|normal. There are signs that this|1929, an increase of 2.19 per cent, Sales Operating expenses were $59.445733, 8| 78 70 Ron Ami (A) (15) 1 n 321 ; Marine Mid (1.20)... 5 3 3 3 silent evidence of the figures E DI sonrternt T abp Jor 1H80. Sk itos b0y decrease of $5610731. Net rallway| 90% 60% BordenCo (K3)... .. 12 76% 7 Marshall Field (2%) 18 397 397 People are running their machines as| S20% R T O Coall fof business | 1C°, the month.of August were $302,611,- Money on Hand to Loan operating income was $25734,144, &| 501 23% Borg Warner (3).... 5 27% 2714 2% Mathieson Alkall (2) 8 4 ; freely as ev;r. even t?tqug? mei\; are | brovement now being noted. Car | 364 85 compared with $318,491,337 in 2 ag te on decrease of $2,106,167. Net income!| o5& 131 Briges MfgCo.... . 103 18% 17 2 Maytag Co (1) ecghumifll;l in many sorts of purchases. loadings from the first eight months | August 1929, a decrease of 4.98 per Fll‘lt Deed OfT t Srrehil sharges ls 821200008 2 Se-| 2 1w Brockway Moriik S ML mestontn morl:'!él:.ogg;e‘; :;x‘:xulr:o::qs‘:‘::r:d;:ru:sh of this year declined 17 per cent from | cent. | rus crease of $1.129.418 compared with cor- | 788, 58% Bkivn-Man Tr (4) 45 0% b st bt AT A v | & year ago. Latest figure corrested for 5 % i 315 Miami Copper (14) . sion than the present one to cause any | - It has been expected In merchandis- ¢7 fosPonding period of 1929, rhe operat- | 16% 1o Rkivn & Queens 1 o13% 13w 13 i Seriots curtailment of our wee o ey | seasonal variations shows a declded turn /) Interest ing circles that there would be a re- Vi t 8 decrease of 1.0 per cent as compared | 33% = 5% BrunsTer& Ry S... 1 ¢ p 3 i Mid-Cont Pet (2). line in automobiles. Nevertheless, it is | upward. Mergers for the first elght | sumption of activity in retail business with same period a year ago. 43 33% Buevrusovpf (2%4). 4 a5 5 Middle States Oil ct. ith eason: s a bit astonishing to discover that there | months mounted to 221, compared With | this mall, but it was not believed there R able Commission and e g Bl Midland Steel (3) not only has been no decrease this vear, | 313 during the same period Iast ¥e%. | would have been any material differ- Prompt Replies to Book Reviews Monetary Changes. e G :“M e bl ) Mo Kan & Texas (2). but there actually has been no slacken- 1"'""-“0"?‘ frade 1 hsappointing | ence between August sales of the major | Applications Among recent books on finance s | 4 opre Do ieel (1. s - 9% Minn Moline Pow. .. ing in the rate of increase.” but the Dulk of the declne has Dech|chains and the July sales. Usually * one entitled “The Meaning of Money.» | 14 o BullardCo....... 2 284 MinnMoline prisik). W. O'Nell. president of the General | Iegistered in raw materials and not| August is s very ‘poor monih in. the JAMES F SHEA Written, by Hartley Withees and pub- | (i 290 B?:: e R 3 Misnour! PESPL (8).. Tire & Rubber Co., has said that 1930 | finis sid Drr; “c:‘ordwro ione T chain store business, particularly in the . lished by E. P. Dutton & Cor It 15| 112* 4 Byers o 7 9 SIobewh Carost 0 would be the best year in the history of | aTe close to reco D' F;O‘ continue | Erocery fleld. However, when the figures 643 Louisiana A N.W. the fifth edition and is called for by T3¢ S0} Calif Packing (1).... 2 614 97 Montgom Ward (3). the replacement tire business, While | ;“g:;‘m}ifust B s Tt fv?fiy"""'&'u began to be com, pared with | siana Ave. N.W. e T o B Zinc & L 2 : 3% AGon MOtBER. . sales of new automobiles have fallen off ) ; | results, it was revealed that in- aystem. . When the sfi{:sll zdi?llg:“::z B9 47% Calumet & Arizona 548 Mothier THas (hec) .. this year in comparison with 1929, mo- | hands are the smallest on mOdern | creases were shown by many important | =8 written, London was the monetary | oo (12% Calumet & Hecl R ? Motor Wheel (3).... torists are driving more miles than ever | records. chalns. e esuter of the world. Today the Mwmerl-| 0N PO CSReSiRE Pacit 110). T 186 168 Murray (B) (2% stk before and are requiring new tires for | All Commodities. — — can money market has assumed &| 3 20 Cannon Mile (160). 8 21 Nash Motors (4) .. their cars which they are driving this | por the week just closed &ll commod- DIVIDENDS DECLARED “’"’{:"“"d“}“g position. 362% 150 Case (J 1) (6) l. B8 166 162 2 ash Chat & St L (5) 80 ::vfrc:;':“'d of turning them in on | jijes recorded no rhabnswt rrgn‘; nlw pre- The author, an Englishman, takes uj 7 5 ~ 33 % 4 5 | at Acme (1% . o vious week. Remember that during the in & most Informative way the facts o et SISCRE LT 56 S " —_— | three ‘preceding wecks prices steadily | West Virginia Water Service Co, 2% ; at Biscuit (13.30).. “ s . | (Pederal Water Servi Published every day about. the mom 1 at Cash Reg A (14) WE! advanced. The period of price stabili- % ater Service subsidiary) de- r;;lfléfl and expln;ns their meanin, i‘%“ ¥ a7 5% Nat Dairy (12)...... BALS_KI‘;figgEHSfiT]ZOD(?WY;) | zation is progressing. |§ll;5donn$x!l;r 'q;u;::rl)‘vfl dgx;;&d % e discusses coined cash, paper cash 39 Nat Distill Prod (1). e o bt F i Pl ~ - B o it e S e S 61% Nt PO R Tt (B)e. _Estimated earnings of the Western | Agricultural Prices. to stock of record September 20. 1410 11th St. N E tween gold and credit, the westward 2% Chio & Alton pf.. Nat Steel (2)....... Maryland Railway for the second week As wheat repeatedly touched new AL TOR L X g i . oo shift of wealth, bill brokers and dis-| oy 22" Giic kLot e Nat Supply (5) of September were just a shade better |lows and corn has recorded weakness, BANK CLEARINGS count houses and foreign credits. so% 155 Emio MII Bt P & Pac. . Nat Surety (5) than those for the preceding week. |agricultural prices ruled weak. These 3 4. Rooms, Kitchen The bank rate and the market rate, | eu 191 Chic Mil St b & b pf. Nevada Copper (1) .. Gross was estimated at $348,694.80, | two products have direct effect upon all | NEW YORK, September 20 (Special), o2 5 8] ¥hy the market rate has to be regu-| ggy, 5% Chicazo& N W (5).. which compares with $348,505.74 in the | grains and also food and feeds. World —New York 'bank clearings = today. Bath and Porch, $40 N Y Airbrake (3.60). lated, the bank's power over the mar-| 37 111 Chic Preu Tool.. Y Central (8).. preceding week, an increase of $189.12, | production of wheat promises to ex-|$1,048,000,000; a year ago, $1,812,000,- ket, and the “open-market policy” are | 125 90 = Chic R1& Pac (7). .. N Y Ch &St Lof (6). also covered in & most illuminating| 43 24 Chryster Corp (3). .. 5 N Y Dock pf (5)..... manner. He defines money as “the| ggy 81 City Ice&F pf (6%) 3 £ 3 N Y Invest (1.20). stuffl with which we buy and sell| ja,; g v Stores (50c). 5 £ 5 Norf & Western (10) things” and his other definitions are | 1913 1331 Coca-Cola (8)...... 3 3 5 North Am Aviation. . equally clear. In discussing the benefit 481 Coca-Cola A (3) 5 § 3 Nor Am (b10%stk).. of stable exchanges, Mr, Withers con- 14% Collins & Afkman 2 North Am Ed pf (6). cludes: 9 73 Collins & Aik pf (7). 5 5 5 2 Northern Pacific (5). “IL is necessary that the ocentral 12% Colonial Beacon. . OB O Cotdd, .- s banks of all the leading countries should 361 Col Fuel & Iron (2) 4 Oil Well Supply... .. co-operate, with a view to economizing 55 Col Gas & El (2).... Oliver Farm Equip. . the use of gold and co-ordinating credit | 110 104% Col Gas & El pf A (6) By Pt Raov el licles, s0 as to give us all the sta-| 37% 1214 Colum Graph (a%).. Omnibus Corp. .. ... ility that banking policy can provide, | 199 108 Columbian Carb (16) Oppenheim Col (3).. in the prices of money and of com-| 55 28% Com In Tr (g1.60). Otis Elev n (2%).v.» modities.” The writer has made un-| 23% 4 Comm InvTr war Oweris 11 Cilien (8. » 2 sonciaBY, GEORGE T. HUGHES, ecial Dispatch to The Btar. Warren Bros (3)..... 6 47% 47 47%| WALL STREET, NEW YO Bep- v 5 RK, Wess Ol & Snow (2). 5 214 27 21 .| tember '20.—Steady during the eatty West Penn EI pf (6). 20s 1028 102 194 | trading ‘and_ranging slightly high WestPenn Poe (1), 403 116i 116w 1164 116% | o000, S0d, TAnging allghtly higher, b T g =5 35 |but under much lower volume. Little i R 7% | liquidation appeared, but on the other Western Pacific pf 1 38% 38% 385 “‘mfis"’k:&sc?&:“x:ifi:‘:“'“l;l’nfbh b Li o AR L 184 | dispatches descriptive of conditions. gnseAB (). 10 a9% 88k 89 amw |dispatches descriptive badgld Lot QU g O 130 |t thoy made i piain e e Ve e T 1423 | foundation for the report of an organ s 814 81 815 v ized attempt to overthrow the govern e e L 64 |ment and sef up a dictatorship, but Worthington Pump.. 21 118% 1151 116% :::y d“"“"" ?«F%‘;WL ”{:‘d ""C‘ "v'a" L il Sl e g vement wou started for revision . Ya’y::_’flfl:“;)f 7 "’ ;: :(‘) of the Young plan and that the Ger- 32% 12% Yellow Truck....... 43 204 19% g0t | IS TN AT M o A ot 130 13 Young S&T(B)st(5). 1 130 130 130 ; ck “ Youngs Spring (3).. 8 38% 38% 38% 39% Chfi:fg:!fiefl’;ff',},‘:’fi%fif&w1‘-:‘, RIGHTS EXPIRE reported short selling campaign of the 1% % Mich Steel.. Sept23 38 1 %1 % | Soviet government complicated the oute 545 | cqqPlVidend rates as given in the above table are the annuai|look, but, from the Wall Street point - - " 8 Banwie nanidlBuvunalae nnToonnms s e d =il S ) AR ana » » - mEmoranZoonhan—uan e First Mortgage Loans Lowest Rates of unterest and Commission Thomas J. Fisher & Company. Inc. 2 9 Celotex Co . 19% Checker Cab (4.20) 441% Ches & Ohio (2%). 51% Chesapeake Corp (3 - » ELTTT T P TS 4+ ) and with $383,345.76 for the correspond- | ceed last year by around 4 per cent. | 000. 'New York bank balances today, ing week last year, a decline of Industrial Prices. $147,000,000; a year ago, $228.000,000 $34,650.37, or 9 per cent. 8 X by in- | NeW York Federal Reserve credit bal- For -the year to September 14 gross| A new low was again touched by in- | ances today, $128,000,000; a year ago, i | 12,735,947.76, dustrial prices, as building materials, 191,000, R 313,007,088 30, & otai demmPATed | hon-{errous metals, paint materials and | & 000, [ $301,108, ,or 2 per cent. vegetable oils declined. It is important s | . h . ' Hill Building t to note, however, that the rate of de- . - P e T toemext | cline 15’ rapidly losing momentum, First Mortgage Loans 17th & I Street in earnings during the next few weeks, Textiles. In Arlington County and S it is believed in railroad circles, but the | RS . ik Torbeant” Kotk Alexandria, Virginia Several single offices and gains probably will not be very sub- ne._faxtlles . were SWo lower an suites available at most rea- cotton last week broke under the 11- Commonwealth Inve: | . e o ST cent mark. Latest data shows that nvestment o s e Y | production of silk in the Far East ex- | Avsly te Representative, BUILDING CONTRACTS. ceeds earlier estimates. Certain grades | 1 2023 M & Hill, I usually clear present-day banking meth- | 38 20% Comm Solvents (11). 27 4 PR ot s By the Assselated Press: ‘A’ c’":g?‘:’_u"‘)“yml:f:"m":t"i:?.fl‘:;:ét:fgi 8 oore , Inc. ods and the laws governing currency. | 204 12% Comwith&So (60c). 72 1315 13 31| 19 et Building contracts _executed fn the | fy, Sk ub shows th 730 17th St. N.W. Carpel Dividend Declared. APRE < 90 Contwith fept 4B) ) 8 02 Pacific Gas & El (2). 11 i 8% .| reglon east of the Rocky Mountains 19% 10% Congoleum-Nairn... 32 b S ‘huige gain for the week ended | At a meeting of the board of directors [ 77 = 6014 Con Cig pr pf xw 6. 108 Pacific Lighting (3). showed a huge g BormammonnnoBuBr 2 oo meepSannd Ga Miscellaneous Groups. | il t oty ! . 3 Packard Motor (1).. o1 123 September 13 as compared with the| Byilding materials reached a new low Sariarly dheidend of 3% picSUer | 3w 76% Consal Cigarpt (1).. 10s It Panbandle P & R. ... ; previous week When the Amount WS | and this is in line with the further con- shar- u)as o p“;bfe Ocmbfl?el lfl:‘ éz:. :_:2:3:::::\\;?“] 108 . \ Param'nt Publix (4). ;u]l;nol;mn!mb':?:u;:r Tnlx‘u:'::h]‘:"‘;enl)d‘ traction in total building. Non-ferrous | to stockholders of record of September [ 3 % Consol Text! 2 % 3 Park & Tiltord ($3). ollowing totals omp s | metals reached a new low, chiefly due to | . 6 lee Tran (60c 7 are given by the Census Bureau: | the break to 1015 cents in copper. Vege- l‘ t M‘ ) t I az;rlfig(;mident of the company, Harry 22: li‘i? gg:‘::::;fi o 5 1 4 g:vr:’e!:':rh::-n 4 Week ended September 13..$15,254,000 | taple ofls were influenced by a mnum’fu lrs r a e ()ans b AL ted that the net Patino Mines. ...... 5 Erevious week.... - 8768000 0 arpel, reporte at the net earn- | 521, 18% Contl Baking A. g g - e Same week last year........ 20,553,000 | O i 5 i - Gt 39, 1900, ars B ATSneiGng Au-| 71% 50 Contl Can i2%) Penney (3 0y (3) soourea .5",‘,’.!‘.‘3, to Loan e oy v e n the District of Columbia gust 31, 1930, were $63,513.76, or on an | 37s 14% Contl Dia Fibre (1). %. 15 Ao bl % b | SE e o o s annual basis of $4,12 per share. 77% 50 Contl Insur (2.40). 5 Penn Dixie Comen! The Chinese used the compass on | Prevaillng intecost ; 55% Penn Dixie Cem pf.. 3 their saflboats hundreds of years before | B i A it il iiemeen e Phn el Bsich 20 160 Gont) Ot St Dl ¥ R1. 18 o T e g SRS it was Known to. the satiors of Europe. | Joseph L. Weller ‘Washington bank clearings this week | 407, 164 Contl Shares (1). 3 | 9435 Pere Marq pr p 3 totaled $25509,000, against $22,848,000 | 1115 831 Corn Pr Ref (14%) 3 4 3 sl 3 | Home Office Buildin in the previous week, and a decrease of [ 151 140 Corn Prod pf (1).. 5 5 9% 11% Phila Read C & 1. ... . 169 per cent from the total for the 8% Ooty Inb. ...oasesses 4 v 4 Phillips Petrol (n2). Apartment same week in August, 1929, 9 CubaCo....... b ‘ : Business Property pierce Petroleum. Arthur C. Ketcham, formerly of the 4 Cuban-Amer Sugar. O Poor & Co (B) (2) 5 Wilmington office of Hemphill, Noyes & 32% Cuban-Amer Sug pf. 308 ; 3 sguf o4 R AT Tob (B) o vt ; Co. has become associated 'with the 38% Cudahy Packing (0). 1 43 43¢ 4ne ami| T4 of o Gl A L g ac rom iour 4 S ‘ashington office of the same concern. 6% Curtiss Wright Corp 3 6% | o 374 Prairie Pipe L (15).. 3 ANDALL s AGNE) He was formerly assistant secretary of Th Curtiss Wr Corp A.. 28 " Pressed Steel Car « - NER & COMPANY the Wilmington Trust Co. 24% Davison Chemical. 5 J 5 Proct & Gamb (2.40). 3 Mow - Fox Film Corporation has declared 21% Devoe & R A (1.20) % Frod & REpw s aca lon TCGAGE LOAN CORRESFPONDENT the regular quarterly dividends of $1 139 Diamond Match (8). 3 3 3 3 2 4 Pub Sv NJ (340) 9 9 E New York Li I C each nr;mr:‘asx Ah?n% rln;: llssmmmng 67 Drug Corporat (4).. R1% il o 9 Pub Sv N J pf (5). 9 K q e Insurance Company Etocks, th payable October stocl 31 15% Dunhill Intl (24). 3 5 Pub Sv N J pf (8). 55 5 5 2 of record September 30. 1 97 Duplan Silk pf (8) .- 6 Pullman Corp (4). g 3 s 1321 Connecticut Ave. Decatur 3600 Stockholders of Paramount-Publix | 95% Du Pont de N (14.70) 45 4 6 5 Pure O1l (1%) 6§ 19 YHEN you went away you prob- Corporation as of September 5 num- | 114% Du P de N deb pf (6) 2 P Purity Bakeries (4). I & 4 = Desed 18200, sgainat 15,488 on. June 175% Eastman Kodak (18) 20 2095 2073 209 209 SR SR S6% 37w ‘mey ably were in too big a hurry to 6 and 13,731 on March 7 | 3 2 | 19% Eaton Axle & § (3) 224 214 5 Radio Corp (B) (5).. 3 che up and invest your idle e Average speed of freight trains in | 5 Bitington-Schild. 5% i 5% 9 Radio-Kelth-Orph A. 3 3 3 ok up " MORTGAGES July was the highest for any July on| g5 20 Eiincion-Schild pf.. 3 40 35 Raybastos Man$.60. 4 funds. But now that you have re- 5 record, amounting to 13.9 miles per A 611% 4 p Real Silk (5)... hour, according to the Bureau of Rail- £ T0% 9% 6 B R e o e turned, do you not think it wise to at- way Economigs. This was an increase s 100 | 4 Reo Motor Car (806), 5 of 5 miles above that for July, 1020. Pow & Lt pt (1) 9 4 10915 ' 3118 Repulitle Etesl (4 32 2% tend to these affairs at once. A CONTINUING The daily average volume of Federal Z NAteott. JONR (8D .. . 1 4 i 4 gl s tiipd i 4 Reserve Bank credit. outsianding dur- b g% 964 80 RepubiicSiesl pf (6) - 18 0% 8¢ : INVESTMENT ing the week ending September 17, ok Biiciiies, o okk E : <] Reyndlos Tob A (8), 108 5 5 Ll T as reported by the Federal Reserve bbb 106 35 3 » o aolds Tob B (8). 28 B . Those who have purchased 6 per cent | = You are putting the rplus banks, was $1,008,000,000, & decrease of e hanE 3 | : RO e 0 6% . : 0 v I g the surplus 31,000 000, CotpaEes Wity prsceding T s R o Grande ONl (33.. 28 18 3 Flist Muxtzage I\OQES‘thmugh SHArGall, funds to work for a definite x and of 5;3:-““;’;?_‘;"(:;";&%"“ wia 56 Fid Ph Fire In (2.60) 2 Rossia Insur (220).. 12 % 3 Rheem & Hensey Company go away period—and for a definit he_correspon v ; BB ot e 3 20% 2 < : { hiis - The eleventh annual convention_of R T . iiax $ ; T 6 " and come back with the assurance that P a cehnite return 1 3 1 . . e r s 5 ) Vi o : —when you mak e bl A s it o G . X Sateway Stes pt (1), 208 their investments are being safely 3 ake investment in 9 tari Pl b St Joxeph Lea s 3 : i House ot Niagars Bells, Sutario, 2% | 50" sy wourti Nactinvest.. ' 3 3 e St LSan Fran (8) ... ¢ guarded, and with the satisfaction that ada. September 24, 25, 26 and 27. 2 T Jog 5 b 4 i % 47 . [ ! s " s This convention’ will bring mgrlr):fl' 551 37 Freeport Tex (15)... 16 4 5 . LT ot 9 their interest checks will be mailed so 6% FIRST M e diurices, Binaghe il oonmoeet| Lot 3. ‘em aemturectes. . 1 : B B e I i % ORTGAGES 1t 111% 78% Gen Am T’k Car (34) 10 3 % Schulte Retall Strs. . pos v A e Y escrt bustness | 38% 143 Gen Bronse (1) 5 : 1 ; 35" Schulte Retall ot (8) 608 fall due. r 4 Ci ). 3.4 Y 5 ears Roebuc! . situation and how it may be improved. | 121‘\ 1‘:’2’»: ”::(4,’;:;_,, . 0 108 116 5 5 24 ROl Nt Ty . 1 Over o Thisd 95% 60 Gen Electric (1.60).. 245 69 A . eneca Copper. CORPdRATlON PU’SHES 12 11% Gen Elec spec (60c). 6 12 51 S Borsatine = This is real comfort in investment and of a 61% 46% Gen Food Corp (3).. 17 57 5 : Sharon St1 H 2 . ; JeaBe 8 O OSR]I Ateptn) = X0t i 8harp & Dohms..... 52 we suggest you consult us soon, if you Century CUSTO il 3 106% 74 GenG&Elevpf(6). 1 75 5 5 harp & Dopf (3%). 1 60 z " ) Special Dispatch to The Star. 59% 40% Gen Mills (3)....... 6 48 7 y 4 Shattuck (F.G) (1%: 38 have funds to invest. e i ; : NEW YORK, September 20—A new | 84t 37 Gen Motors (1530).. 264 43% : Shell Unlon oil. I . The principalsis séournd by 5 cumulative preferred | 100% 92% Gen Motors pf (5)... 2 100% i i 5 Shubert T ‘ I Brincy s s 75:’9:,( valtie Jetock under the popular | ‘41l 24 Gen Out Ady (A) (H) 1 26% 614 2 26% Skelly Of (2). s S G el I 0ss conservatively appraised real es- pownership plan in a campaign which | 52% 3014 Gen Pub Sery (b6) 38% 33% 88 3 Simmons Co. - 14 rite, Call o p ik Will start October 1 1s annouced by | 19% 10% Gen Realty & Util. 101 : O § For Detailed Information . Public Service Corporation of New| 90 654 Gen Refract (t4%). 4% TA 4% % Solv-Am Inv wwi(1z) ; i i vk e [ %] Soutnern Cal'md () 4 May be purchased in amounts The stock will be sold at $97.50 & 58 Gillette Saf Raz (n§) 51 65 4 2 52% Southern Cal Ed (2). g . bl share and accrued dividends, for cash 14% Glidden Co (1,20)... 1 6 7 8 Southern Pacific (6). rom $250 up. or on terms of $10 down per share 7% Gobel (Adolf). 2 |18 ~ Southern Rwy (8)... | and $10 per share per month there- % 34'% Gold Dust (2%)..... 12 % E 3% Sparks Withing (1). after until the final payment, which will 21 Goodrich (B F)..rs v 2 23 Spear & Co......... S“[ b 4 Teceive interest on installments as paid Y 78 Goodrich BF pf (1). 1 ? Spear & Co pf (7). ARTZELL, F g S A l I ( : O . our While so invested you are re- lieved of all worry—for regular- ly upon the due date the interest check will be mailed to you. . 50 Goody Tire (5)... 42 53 5h 5 % Spicer Mfg. . ® e 18 Granby Con Min (3). 2 9 8 3& B . 3 | Foae i g% 12 S W U. S. TREASURY BALANCE. 30 il Slyer® (1), E Stand G & £ pf (4).. - ational 2100 925 15th St. N.W. The United States Treasury balance 10 Greud Hitan. o s 4 Stand G & BI pf (8).. MORIGAGE BANKELS announced today as of close of business 20 Grant (WT) (1).... 35% h Stand G & El pf (7). 727 15 STREET N.W. ‘ 4 5 Stand O of Cal (234) . 8 was $204,726,244.60. Cus- 1% G Norih of (5). .. . ; 7 e etipts for. he month (0 date 28% 18 Gr Norctr Ore (s Stand ofl of Kan (2) WASHINGTON D.C. 4 -dina - 17 Gr West Sug (1.40).. - Stand Ofl of NJ (12) 11 L‘flfi&fl’e&"’&“fl%’;fl&“ i ldoni) 6% Grigsby Grunow.... 1 30 . Stand OIIN Y (1.60). 1